Hovnanian Interest Coverage from 2010 to 2024

HOV Stock  USD 138.88  8.62  6.62%   
Hovnanian Enterprises Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage is likely to outpace its year average in 2024. During the period from 2010 to 2024, Hovnanian Enterprises Interest Coverage regression line of quarterly data had mean square error of  875.75 and geometric mean of  3.25. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
(95.06)
Current Value
(90.30)
Quarterly Volatility
37.61185376
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hovnanian Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hovnanian main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.8 B, Interest Expense of 78.8 M or Total Revenue of 2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0211 or PTB Ratio of 0.79. Hovnanian financial statements analysis is a perfect complement when working with Hovnanian Enterprises Valuation or Volatility modules.
  
This module can also supplement various Hovnanian Enterprises Technical models . Check out the analysis of Hovnanian Enterprises Correlation against competitors.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.

Latest Hovnanian Enterprises' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Hovnanian Enterprises over the last few years. It is Hovnanian Enterprises' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hovnanian Enterprises' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Hovnanian Interest Coverage Regression Statistics

Arithmetic Mean(17.04)
Geometric Mean3.25
Coefficient Of Variation(220.72)
Mean Deviation28.92
Median0.98
Standard Deviation37.61
Sample Variance1,415
Range103
R-Value(0.65)
Mean Square Error875.75
R-Squared0.43
Significance0.01
Slope(5.48)
Total Sum of Squares19,805

Hovnanian Interest Coverage History

2024 -90.3
2023 -95.06
2022 -82.66
2021 7.78
2020 3.42
2019 1.35
2018 0.98

About Hovnanian Enterprises Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hovnanian Enterprises income statement, its balance sheet, and the statement of cash flows. Hovnanian Enterprises investors use historical funamental indicators, such as Hovnanian Enterprises's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Hovnanian Enterprises investors may use each financial statement separately, they are all related. The changes in Hovnanian Enterprises's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hovnanian Enterprises's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hovnanian Enterprises Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hovnanian Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage(95.06)(90.30)

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When determining whether Hovnanian Enterprises is a strong investment it is important to analyze Hovnanian Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hovnanian Enterprises' future performance. For an informed investment choice regarding Hovnanian Stock, refer to the following important reports:
Check out the analysis of Hovnanian Enterprises Correlation against competitors.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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Is Hovnanian Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hovnanian Enterprises. If investors know Hovnanian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hovnanian Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.288
Earnings Share
27.53
Revenue Per Share
449.441
Quarterly Revenue Growth
0.153
Return On Assets
0.0721
The market value of Hovnanian Enterprises is measured differently than its book value, which is the value of Hovnanian that is recorded on the company's balance sheet. Investors also form their own opinion of Hovnanian Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Hovnanian Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hovnanian Enterprises' market value can be influenced by many factors that don't directly affect Hovnanian Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hovnanian Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hovnanian Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hovnanian Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.